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AIG is hiring an

Actuarial Analyst (Global Specialty)

Role Description

The role involves supporting key reserving activities and other Actuarial projects for Global Specialty. More specifically, this involves:

  • Assist in the production of Legal Entity and US GAAP reserve estimates, both gross and net of Reinsurance using standard reserving techniques
  • Assist in production of reserving presentations and commentary to support the analytical work
  • Take key stakeholders (internal and external to Actuarial) through the Actuarial and Financial reserving results
  • Work with the claims team around the impact of claim initiatives, inflation and specific IBNR areas (e.g. specific individual losses or catastrophe events)
  • Work with reinsurance to ensure understanding of outwards reinsurance changes impacting their lines of business
  • Collaborate closely with both APAC and Global Specialty actuarial teams, ensuring effective communication of actuarial information for Specialty lines

Pricing

  • Support the Pricing team through contributing to Profit Study analysis and production of Budget/Forecast Loss Ratios to achieve profitable growth and business goals
  • Support the development and delivery of robust portfolio analytics to inform and guide decisions of the Global Specialty business

Technical Skills and Expertise

The Ideal Candidate Should Have:

  • Bachelors degree or equivalent (Mathematics/Actuarial or related)
  • Student member of an Actuarial Institute with partial progression through the exams
  • Up to 2-3 years of actuarial experience in P&C industry
  • Proven proficiency in actuarial concepts/methodologies
  • Proficiency in reserving software
  • Knowledge of programming software, such as R, SQL or VBA would be advantageous
  • Ability to forge relationships with other areas of the business
  • Ability to work under own initiative, be proactive and show flexibility to meet business needs
  • Ability to meet tight deadlines and prioritise own work
  • Professional behaviour with a high level of integrity
  • Excellent analytical and problem-solving skills
  • Excellent communication, presentation and interpersonal skills

We are an Equal Opportunity Employer

American International Group, Inc., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories such as sexual orientation. At AIG, we believe that diversity and inclusion are critical to our future and our mission – creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.

AIG is committed to working with and providing reasonable accommodations to job applicants and employees with physical or mental disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to candidatecare@aig.com. Reasonable accommodations will be determined on a case-by-case basis.

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